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Mike Spence to be honored as “lawyer of the Year”

August 8, 2024

Back to News Center Michael “Mike” Spence, retained legal counsel for Seattle King County Realtors® and advisor to several real estate brokerages, is among 13 honorees selected by the Puget Sound Business Journal for its 2024 CRE (Commercial Real Estate) Leadership Awards program. Spence, a licensed real estate law instructor…

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Two Candidates for the NAR Board of Directors Election

August 2, 2024

Back to News Center President Michael Orbino has announced an election on August 7 to fill one available position on the Board of the National Association of REALTORS® (NAR). Seattle King County REALTORS® is allocated two positions on the NAR Board of Directors. These NAR Directors are elected at the…

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Construction Worker Shortage Hampering Homebuilding

July 26, 2024

Back to News Center Worker shortages in the construction trades are contributing to project delays, rising costs, and other challenges for both homebuilders and nonresidential contractors. As a result of the labor shortage it’s taking longer to build homes. In 2022, it took an average of 8.3 months to build…

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Foreign Buyers Purchase Fewer U.S. Homes Last Year but Pay Highest-Ever Prices

July 26, 2024

Back to News Center International buyers purchased $42 billion worth of U.S. existing homes from April 2023 through March 2024, according to a new report from the National Association of Realtors®. That volume was a drop of 21.2% from the prior 12-month period. The highest dollar volume of existing-home purchases…

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Issues & Impacts Q2 2024

July 25, 2024

Back to News Center Issues & Impacts is a quarterly publication produced by Seattle King County REALTORS® to inform members about current issues and successes within the Government Affairs Department. IN THIS ISSUE: REALTORS® Support City Initiatives for Homeownership Changes to Kittitas County Real Estate Excise Taxes (REET) REALTOR®-Proposed Lot-Splitting…

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City of Tukwila Comprehensive Plan Updates

July 25, 2024

Back to News Center Tiny Villages The city of Tukwila has been embroiled for more than a year in disputes and litigation with King County regarding housing for asylum-seekers, including the tent encampment at Riverton Park United Methodist Church (RPUMC). Recently, that dispute spilled over into the city of Kent.…

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City of Burien Comprehensive Plan Updates

July 25, 2024

Back to News Center Homeownership Demonstration Ordinance Seattle King County REALTORS® have requested the Planning Commission recommend to the City Council, and the City Council adopt, an ordinance making the Affordable Housing  “demonstration” code provisions (regarding affordable housing homeownership) a permanent ordinance in the city code. As a result of…

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Concern over Battery Energy Storage Systems (BESS)

July 25, 2024

Back to News Center Cities in South King County are confronting the prospect of as many as six new Battery Energy Storage System (BESS) facilities, and they are very concerned. Local city officials requested, and Seattle King County REALTORS® has assisted in identifying, individuals with expertise in the regulation of…

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Woodinville Sign Code Passes

July 25, 2024

Back to News Center After a year of work with the Planning Commission and City Council, REALTORS® successfully preserved the allowance of the real estate industry to use “For Sale” signs on premises and open house A-Boards off premises in the City of Woodinville. Our goal was to reverse a…

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Duvall and Lake Forest Park Revising their Sign Codes

July 25, 2024

Back to News Center The cities of Duvall and Lake Forest Park are in the process of revising their sign codes. As with our work in Woodinville, our goal is to guard against any changes that would constrain the use of use “For Sale” signs on premises and open house…

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